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SOLUSD Megaphone bottomed. $205 min and $340 max Targets.Solana (SOLUSD) has been trading within a Megaphone pattern, which technically had the price bottomed on its Lower Lows 3 days ago. That bottom was also a 1D RSI oversold barrier (30.00) test, which is exactly where the December 22 2024 Low was priced. Being below both the 1D MA200 (orange trend-line) and the 1D MA50 (blue trend-line), the natural short-term Target is again the 1D MA50 at $205.00, similar to the January 03 test. On the longer term, if SOL makes a 1W candle closing above the 1D MA50, we can resume buying and target the top (Higher Highs trend-line) of the Megaphone at $340, which is where the 1.236 Fibonacci extension is, exactly where the January 19 High was priced. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:SOLUSDLong
by TradingShot
DOGEUSD Fibonacci Channel 'guarantees' rally to at least $1.Dogecoin (DOGEUSD) has held perfectly its 1W MA50 two weeks ago, rebounded and is now consolidating. This consolidation shouldn't last for too long as based on the previous Cycles, this 1W MA50 test was the new bottom the should lead to the final year (2025) rally. As you can see, DOGE's historic pattern since its first trading day has been a Channel Up, which with the added element of the Fibonacci lines, only broke during the 2021 Top formation on its 1.5 Fib extension. A key characteristic of the final year of each Bull Cycle is that after a 1W Golden Cross is formed, the price has always first hit the Mayer Multiple Bands (MMB) 2SD above (thin orange trend-line) and shortly after the MMB 3SD above (thin red trend-line). So far the current Cycle had hit the MMB 2SD on its December High and based on the pace with which this Cycle is unfolding (the higher the cap the slower the pace), it is unlikely to see a MMB 3SD test shortly. However the Fibonacci Channel along with the MMB gives in our opinion two Target levels for this final year of the Cycle, a fair one and an optimistic. The fair one is at $1.00, which would make a perfect test of both the MMB 3SD and the 1.0 Fib ext at the top of the Channel Up. The optimistic is at $3.5 (potentially even higher), which would be exactly on the 1.618 horizontal Fibonacci extension (still below the 1.5 Channel Fib), which was the January 2018 Cycle Top and of course was greatly exceeded during the May 2021 Cycle Top. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:DOGEUSDLong
by TradingShot
BITCOIN Is the USDT dominance about to spark new rally to $150k?Bitcoin (BTCUSD) has been on a fierce consolidation the past few weeks, a lagging price action not helped at all by the recent market fundamentals. From a technical view point though, the current BTC market structure is a Re-accumulation Phase similar to the Re-accumulation Phases of both previous Bullish Legs since the November 2022 bottom. Those Re-accumulation Phases took place when the USDT dominance (chart on the right) posted a peaking 1D RSI struture similar to today's and the DXY (blue trend-line) was having a pull-back. The current technical sequences matches the exact Re-accumulation Phases of BTC, which took place around the 0.5 Fibonacci level. If we apply this Fib structure now, even assuming the less ideal scenario that the 0.5 Fib is on the January 13 Low and not in the middle of the Re-accumulation, we get a potential Target for the upcoming rally at $150k. SO what do you think? Can this unique USDT dominance pattern spark a new rally on Bitcoin to 150000? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
18
TELUSD Small technical correction before rise to 0.02850Telcoin (TELUSD) has been trading within a Channel Up pattern since the September 08 2024 Low. The price has seen strong growth last week but is being corrected the past two days. Technically, this is a short-term pull-back within the long-term bullish trend. In fact, based on the first phase of the pattern, this is the Re-accumulation stage, which in the past has followed the first rally after the main Accumulation Stage. As long as the 1D MA50 (blue trend-line) supports, we expect TEL to resume the uptrend and, similar to November 2024, complete the Bullish Leg on the 5.0 Fibonacci extension. Our Target is 0.02850. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:TELUSDLong
by TradingShot
1
BITCOIN Decoding the current consolidation. $112k to print soon.Bitcoin (BTCUSD) has been consolidating within roughly a 5000 range (100k - 94.1k) for the past 12 days. During all this time, it's been testing but never closed above the 1D MA50 (blue trend-line). There hasn't been a tighter consolidation of this duration in the past year and there is a technical explanation behind it. The 3-month pattern has been a Channel Up and the last sub-1D MA50 consolidation before the current one, has been its previous bottom formation on its Higher Lows trend-line. The 1D RSI sequences between the two bottom fractals are so far identical and it appears that we are now on the way to complete Leg (f), which is the final step before a Double Bottom is formed. A new 1D MACD Bullish Cross may come as confirmation of the new Bullish Leg. As a result, the market is close to its most optimal buy opportunity. Given that a 1.5 Fibonacci extension Target has been a fair expectation within this Channel Up, our medium-term Target on BTC after the new Bullish Cross would be $112000, which is still below the 1.5 Fib ext and very close to the top of the Channel Up. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
2
XRPUSD Don't miss this rally to $12.500Last time we analyzed XRP (November 16 2024, see chart below), we called the start of the new Parabolic Rally of the Cycle: As you can see it couldn't be more timely, as the rally started on the aggressive mode of 2017 and easily broke above last Cycle's Top. Since the 2017 is the path it chose, we take a closer look today between the two Cycles in order to formulate the next Target. XRP's 2017 Cycle is characterized by three separate rallies and amazingly enough, all three have been of around +1300%. Assuming the 2025 rally phase holds the same degree of symmetry among its different rallies, we can assume that since November - January has shown a +600% rise roughly, we should be expecting the new that is starting to be of the same % increase. This gives us a $12.500 Target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:XRPUSDLong
by TradingShot
1
XLMUSD Is this its Cycle Top??Stellar (XLMUSD) is picking up the bullish sentiment today having just completed a Golden Cross on the 1W time-frame. Last time we viewed this (November 01 2024, see chart below), we gave a strong buy signal, which paid off immediately: Having failed to cross above the Lower Highs trend-line though, we are now more concerned as the last 1W Golden Cross (March 01 2021) was formed just 40 days before the Top of the previous Bull Cycle. As long as the price trades below the Lower Highs trend-line, the probability for a new bearish move is strengthened. What is also supporting this is that the 1W RSI resembles the pattern of both the May 2021 and January 2018 Cycle Tops. At the same time though, it is quite similar to the May - September 2017 RSI pattern, whose XLM price action was nothing but a Bull Flag that after touching the 1W MA50 (blue trend-line), rebounded aggressively above the 1.618 Fibonacci extension slightly to form the Jan 2018 Cycle Top. As a result, we recommend to resume buying only if the price breaks above the Lower Highs trend-line and target 2.2500 (the 1.618 Fib extension). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:XLMUSDLong
by TradingShot
1
BITCOIN bounced on last Cycle's Pivot and targets $125k.Bitcoin (BTCUSD) has been consolidating every since the Double All Time High (ATH) formation of December and January. As we've pointed out in previous analyses, this is similar to the December 2023 - January 2024 consolidation. What we haven't seen before and we bring it forward to you today, is that the January 2025 Low was priced exactly on the Higher Highs trend-line that emerged from the November 2021 and April 2021 Highs, i.e. the previous Cycle's tops! To make things more interesting, we can see an identical Higher Highs trend-line that held the January 2024 Low (of the similar consolidation phase we discuss above) with an identical 1W RSI sequence as well. That was what initiated the February - March 2024 rally. Assuming the current Low holds, BTC should kick start any time now the new 2025 Bullish Leg, which technically eyes the Higher Highs trend-line of the current Bull Cycle (dotted line). Even if it starts as early as this week, it should target at least $125000. Do you think that is a plausible scenario, assuming the former Higher Highs trend-line, which has now turned to a pivot, holds? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
15
Prepere yourself for buying opportunities ... So there we are ... CPI little bit higher than exceptating , powel clearly talks about monetary policy and Trump goin wild with tarrifs ... what to except in this macro&political economic driven environment ? I don't think it will grow to extreme values ​​now. Rather, there will be some more carving and from a short-term perspective an opportunity to buy at a good price ... Well, it is very important, at least for me in this environment of a trade war combined with a period when historically the Fed has raised rates and not lowered them as many expect. It is important to take profits and hold losses short and uncompromisingly exit losing positions. The year 2025 will be full of opportunities, which goes hand in hand with pain. What is heaven for one guy is hell for another guy. I am a fan of everyone who tries to make money in this environment and I hope to rob you of your money. Because that is what the market is about. Good luck and enjoy your game
TVC:VIX
by STLMfx
1
SHIBUSD The Death Cross may form the new bottom.Shiba Inu (SHIBUSD) is on the Bearish Leg of a 1-year Triangle pattern and is about to form a Death Cross on the 1D time-frame. The last 1D Death Cross (July 17 2024), caused one final pull-back to form the new bottom, which as you can see was on a Double Bottom 1D RSI. The target of the Bullish Leg that emerged after this was the 0.786 Fibonacci retracement level. As a result, we will wait for these conditions to be fulfilled in order to buy and target on the medium-term 0.000026 (Fib 0.786). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:SHIBUSD
by TradingShot
2
Bitcoin’s Price Squeeze—What’s Next?Bitcoin (BTC) is currently consolidating within a marked accumulation zone after facing resistance near its all-time high (ATH). The price is fluctuating within a broad range of approximately $17,800, indicating a phase of indecision between buyers and sellers. The key observation is that a previous resistance trendline has now flipped into support, showing a potential shift in market sentiment. Additionally, the 100-day EMA around $93,458 is providing dynamic support, reinforcing this bullish structure. The key support zone (highlighted in green) remains critical; as long as BTC holds above this area, the bias leans bullish. A breakout above the accumulation range could trigger a strong upward move, potentially retesting the ATH. Conversely, if BTC loses the support of both the trendline and the 100 EMA, it may lead to a deeper correction toward lower support levels.
Long
by unichartz
KASUSD Channel Down bottom rebound. When to sell again?Kaspa (KASUSD) is trading within a (blue) Channel Down pattern since the July 31 2024 High. The formation only broke for 4 days last December. Last Monday, the price touched the bottom (Lower Lows trend-line) of the Channel Down and today we see the technical rebound reaction in full effect. The 1D RSI turning oversold (<30.00) is a major part of this. The current Bullish Leg should target at least the 0.618 Fibonacci retracement level at 0.12500, as all 3 previous rebounds within the long-term Channel Down did. It is very likely to see a rejection there, as it is the top (Lower Highs trend-line) of the diverging (dotted) Channel Down, which was initiated on the December 08 2024 High. We expect the bearish reversal to hit at least 0.07500, potentially at the same time the 1D RSI turns oversold again. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:KASUSD
by TradingShot
2
BITCOIN This is what happened on the last 1D MA100 double test.Bitcoin (BTCUSD) hit yesterday its 1D MA100 (green trend-line) for the second time in 6 days and is reacting on a bullish note early today following basically 4 straight flat 1D candles. We mentioned the importance of the 1D MA100 as a Bull Cycle demand level on previous analyses. What we didn't discuss though is how BTC behaved the last time we had a 1D MA100 double test on such short time-frame. As you can see, the last time Bitcoin had a 1D MA100 Double Test within a 1-week time-frame was on October 10 2024 and the one before that on May 08 2024. The common characteristics of both those fractals was that the 1D RSI held the 43.00 level (just like it's doing today) and the price rebounded to hit the respective Resistance Zone from the previous High. Channel Up patterns emerged on both occasions, the difference is that in May 2024 BTC got rejected on the Resistance Zone, while on October 2024 it broke to the upside aggressively following the U.S. elections. As a result, we can target at least $108k on the short-term. Since long-term Accumulation Phases like March - October 2024 only take place two times at most during each Cycle (and we've already had this twice already), we give more probabilities to an extended rally like November - December to a new All Time High. Long-term traders may seek to sell these positions when the 1D RSI approaches the 85.00 profit taking level (overbought). But what do you think? Is BTC starting a rally to at least $108000? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
9
BTC - Key Zones & Liquidity InsightsBINANCE:BTCUSDT is currently oscillating within a new trading range, establishing a trustable support zone while facing a weaker resistance trendline and resistance zone. Given this setup, a breakout isn’t the primary expectation just yet. 🔹 Key Observations: Support Zone Strength: The support zone is stronger than the resistance, making it less likely for BTC to break downward easily. Resistance Weakness: The resistance trendline and zone appear weaker, meaning any rejection could be temporary. Liquidity Perspective: As seen on the liquidity chart, there’s favorable liquidity above the resistance zone, increasing the probability of a short-term push higher to hunt liquidity. 💡 Potential Scenarios: 1️⃣ BTC could move toward the resistance zone, tapping into liquidity before reacting. 2️⃣ If buyers step in aggressively, a short-term liquidity grab above resistance might trigger further upside. 3️⃣ Failure to reclaim key levels could lead to continued range-bound movement. 🚀 Stay ready for the next Bitcoin move! Follow for real-time updates and professional insights! 🔔
by Sober_Trading
SOLUSD Triple bottom initiates new rally to $380.Solana (SOLUSD) has been trading within a Channel Up pattern since the July 29 2024 High. The recent February 03 2025 Low isn't just a Higher Low on the Channel Up but also a Triple Bottom on the Support Zone and a Double Bottom on the 1D MA200 (orange trend-line). Needless to say, this shows that technically this is a level of high demand, thus long-term Support and within the next 30 days maximum, it should initiate the new Bullish Leg of the pattern, similar to the September 06 2024 Low. Even the 1D RSI sequences between those fractals are identical. Since the previous Bullish Leg rose be +119.43%, we see no reason to do otherwise now, hence our new long-term Target is set a $380.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:SOLUSDLong
by TradingShot
1
BITCOIN Pure 2-month symmetry targets $102.5k and $108k.Bitcoin (BTCUSD) has been practically consolidating for more than 2 months (since November 22 2024) within a Rectangle pattern and what's more striking is the amazing symmetry it has been displaying. Right now the price has broken above a Lower Highs trend-line following the February 03 2025 Low near the Rectangle's Bottom and every time it has done so within this pattern, a rally towards the Higher Highs trend-line started. It is interesting to mention that so far the range from the first High to the last High of this trend-line has been 101 4H candles (roughly 25 days). Since on the new (blue) phase that started on the February 03 High, we had our first, we can expect it to conclude near the top of the Rectangle by February 26. This technical symmetry can help us set our next short-term Targets. Target 1 is at $102500, just below Symmetrical Resistance Zone 1 and Target 2 is at $108000, just below Symmetrical Resistance Zone 2 (top of the Rectangle as mentioned). Needless to say, the current 4H RSI pattern resembles the bullish break-outs above both of the previous first Lower Highs fractals. Do you think this symmetry will play out in the same way once again? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TRADENATION:BTCUSDLong
by TradingShot
BITCOIN You can't get a more bullish symmetry than this.Bitcoin (BTCUSD) marginally breached its 1D MA100 (green trend-line) two days ago and immediately rebounded in a mirror price action like last year's bounce of January 23 2024. We analyzed this on our previous publication but what we bring you today is the amazing RSI based symmetry of the two fractals. The dominant long-term pattern remains a Channel Up and this is what will most likely guide BTC to the finish line and the Top of this Cycle. This pattern displays two (blue) Accumulation Channels, which is the formation we're currently at. In fact Bitcoin has most likely started the process of breaking above this Channel as the January 23 2024 1D MA100 bounce was the starting point of the Bullish Leg (green) that made a Higher High at the top of the long-term Channel Up. As mentioned, what's incredibly interesting is the 1D RSI symmetry between the two Accumulation Channels. As you can see on the current Accumulation Channel, the time between the 2nd RSI Lower High (blue circle) and 3rd (yellow circle) was 25 days and between the 3rd and 4th (red circle) was 32 days. The respective ranges on the previous Accumulation Channel were 25 and 34 days, which showcase a striking degree of symmetry. The Bullish Leg peaked on the 2.618 Fibonacci extension from the last High (red circle) and as a result, we can expect the new rally to follow an equally symmetric/ proportional rise and target the new 2.618 Fib at $145000. Can this be the case by March/ April 2025 or is it to soon? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
15
TONUSD Be ready for $12.00 this Summer.It has been almost 5 months (September 12, see chart below) since the last time we analyzed Toncoin (TONUSD) and made our bearish call: As you can see, it successfully hit our 3.50 Target and the 0.618 Fibonacci level. With that being a direct contact with the bottom (Higher Lows trend-line) of the 1-year Channel Up, while the 1D RSI got oversold (<30.00), we expect the new Bullish Leg to start. All previous oversold RSI hits (with the exception of Aug 05 2024) have been bottoms and with +300% being a standard rise within this pattern, we expect to see $12.000 as the next High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:TONUSDLong
by TradingShot
HBARUSD Few consolidation days, then $0.65Hedera (HBARUSD) breached through its 1D MA100 (green trend-line) yesterday but recovered immediately as the 1D RSI almost turned oversold (<30.00). We expect a few more days of consolidation and buy accumulation, similar to the April 13 2024 consolidation on the 1D MA200 (orange trend-line), before the next Bullish Leg. On the April fractal, the price rebounded to the 1.236 Fibonacci extension to make a peak on the Higher Highs trend-line. With the two fractals having also similar 1D RSI patterns, similar rebound would place our Target at 0.6500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:HBARUSDLong
by TradingShot
3
DOGEUSD Giant Bull Flag or Channel Down rebound?Dogecoin (DOGEUSD) is trading within a 2-month Channel Down, which on the wider scale may be a Bull Flag for this Bull Cycle. Regardless of the time-frame, the price got sold aggressively today and hit its 1D MA200 (orange trend-line) for the first time since October 25 2024. If that's just a 1D Channel Down, then today's Low is technically a bottom on the pattern's Lower Lows trend-line. The previous one (December 20 2024), rebounded towards almost the 0.786 Fibonacci retracement level. With an oversold (<30.00) 1D RSI for the first time since August 07 2024 making the buy opportunity even stronger, we expect the new Bullish Leg to target 0.3800 (just below the 0.786 Fib). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:DOGEUSDLong
by TradingShot
8
BITCOIN Can a 1D MA100 rebound reverse the 'Tariffs narrative'?Just a week ago (January 27, see char below) we made a case of why it was essential for Bitcoin (BTCUSD) to test and rebound on its 1D MA100 (green trend-line), if the market was to find the necessary Support to move it forward through the rest of the year and the Bull Cycle: Well BTC went on to confirm our expectation and hit the 1D MA100 for the first time in almost 4 months (since October 11 2024). That analysis was focused on the current Bull Cycle (2023 - 2025) and the recurring 1D MA100 rebound sequence within the 2-year Channel Up, which has so far provide its Higher High both times. Today's analysis examines if this is a pattern that emerged and held during the previous Bull Cycles as well. The results are eye opening. During the last two years of each of the past 3 Bull Cycles, a 1D MA100 contact has most of the times (9) met with an incredible rebound, making it the most efficient buy entry on such basis. It was only 3 times this failed to initiate an immediate rebound (April 2024/ ETF led rally corrected, April 2021/ Musk led rally corrected, March 2020/ COVID flash crash), all valid reasons fundamentally. Is this new all-out Trade War another one of those events? Not impossible, but this chart shows that it is 3 times more probable for this 1D MA100 contact to produce an aggressive rebound. If we narrow the sample to just the last year of the Bull Cycle, it was only once that a 1D MA100 failed to produce an instant rally. As a result, it is now more probable to see a rally similar to the one that followed the January 2024 or October 2024 1D MA100 contacts, which were within a +85% / +90% range. Even the 1D RSI patterns among the Cycle fractals at the start of each final Bull year are similar. So what do you think? Do you expect this technical 1D MA100 contact to reverse the dismal Tariffs sentiment? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
1
JASMYUSD testing the 1D MA50 for a break-out. $0.068 on sight.JasmyCoin (JASMYUSD) has been trading within a 15-month Channel Up and the price made this week a direct contact with its bottom. This is technically a Higher Low for the pattern and naturally it immediately reacted with a rebound. The price is currently testing its 1D MA50 (blue trend-line), which happens to be at the top of the Bearish Leg (blue Channel) of the previous High. This is a Bull Flag pattern, which has always produced a rally eventually, with the lowest % rise being +194.50%. With the 1D MACD just completing a Bullish Cross below the 0.0 mark, we expect Jasmy to break-out and go for at least another +194.50% rise from its bottom. Target 0.06800. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:JASMYUSDLong
by TradingShot
12